CRYPTO WARNING

Discussion in 'Digital Currencies' started by SilverSale, Sep 28, 2017.

  1. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,248
    Likes Received:
    1,204
    Trophy Points:
    113
    Location:
    straya
    there will be plenty more crashes, just like any other market. weekends are traditionally down as fiat doesnt flow. lets have some trader logic rather than "it just feels bad, crypto....."
     
  2. Brendio

    Brendio Active Member

    Joined:
    Oct 4, 2017
    Messages:
    140
    Likes Received:
    91
    Trophy Points:
    43
    Location:
    Wide Bay
    Back when Mt Gox was still trading in 2011, there would be crashes or mini-crashes just about every weekend so much so that there was a meme made about the weekend coming. Those were good times for dollar cost/value averaging to build up a stake, but they required long term faith in the project. I first bought on an all time high and saw a 90% fall in value from there.
     
  3. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,248
    Likes Received:
    1,204
    Trophy Points:
    113
    Location:
    straya
    so much for the weekend downturn, back to all time high :)
     
  4. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,552
    Likes Received:
    977
    Trophy Points:
    113
    Location:
    New South Wales
    I would have provided a chart and backed it up with the technical indicators but it is not really worth the effort with this forum becoming more of a p1ssing contest by the day.

    Happy to be wrong on this call. I exited my trade 4 days earlier than I'd planned but I'm not greedy.
     
  5. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,248
    Likes Received:
    1,204
    Trophy Points:
    113
    Location:
    straya
    more disappointment that people still pretend they can predict crypto price, lets just accept it doesnt behave like your other commodity markets and we can all be happy.
     
    Altima likes this.
  6. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    6 1 0 0 USD

    :eek:
     
  7. Gullintanni

    Gullintanni Well-Known Member

    Joined:
    Jun 15, 2016
    Messages:
    945
    Likes Received:
    344
    Trophy Points:
    63
    Location:
    New Zealand
    It is all untested really .
    You have to be in to win.
    If we think about it bitcoin could crash down to $3000 tomorrow and you should not really worry as it ha has far bigger % losses in the past.
    Now if it loses 10% it is a $600 loss yet when it was sitting at $100 and went to $80 (a 20% loss) no-one panicked.
    We are just talking bigger numbers now and i think if serious you need to forget about $$$$$$$$$ and focus on %%%%%%%% and that way it may stop silly move.
    Just my view.
     
  8. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,552
    Likes Received:
    977
    Trophy Points:
    113
    Location:
    New South Wales
    I do not pretend, but I at least try. The crypto market is not just some random beast. Some people are able to actively trade successfully it but if you're the buy and hold type there is nothing wrong with that either.

    Regardless, I will cease offering my trading insights on this forum. Good luck to you.
     
  9. ParanoidAndroid

    ParanoidAndroid Well-Known Member

    Joined:
    Dec 2, 2015
    Messages:
    1,011
    Likes Received:
    647
    Trophy Points:
    113
    Location:
    Over there
    Bugged, for what it's worth I'd prefer you to keep contributing to the discussions.

    Though opinions may differ, I've always respected yours and, hopefully through all these differences we're able to find some common ground while going forward so we all benefit.
     
  10. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    4,226
    Likes Received:
    1,994
    Trophy Points:
    113
  11. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
  12. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,248
    Likes Received:
    1,204
    Trophy Points:
    113
    Location:
    straya
    hopefully we can still have a healthy discussion and agree to disagree, no need to take your bat and ball home.
     
    Altima likes this.
  13. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

    Joined:
    Jun 23, 2010
    Messages:
    1,772
    Likes Received:
    611
    Trophy Points:
    113
    :eek: That is one scary chart. Let's hope bullion silver in the hand does that oneday :rolleyes:
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Scariest thing about that chart is that volume did not support the price move up.... beware.
     
  15. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Definitely doesn't behave like PM markets. :p
     
  16. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Hmm, alot of euphoria leading up to the fork. I don't know if there's going to be a crash after the fork, but I'm hoping that alts will get some of the outflows from Bitcoin if it does crash.
     
  17. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
  18. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
  19. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    4,226
    Likes Received:
    1,994
    Trophy Points:
    113
    He doesnt want reality interfering with his narrative ipv6, expect to be ignored.
     
  20. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    Damn, I really want to read what Ignored Members have to say. oh well, why spoil a good Friday with what is probably a sniper? LOLOL.

    IGNORE STOIC.JPG
     

Share This Page